Nigeria has ordered foreign oil and gas companies to pay nearly $20-billion in taxes it says are owed to local states, industry and government sources said, in a move that could deter investment in Africa’s largest economy. Advertisements
Chevron (NYSE: CVX) reported earnings of $3.8 billion for the second quarter, more than twice as much as a year earlier.
Read MoreUpstream results from some leading oil firms were the best seen for years, but others fell flat.
Read MoreChevron-led Angola LNG project has reportedly launched a tender selling a single cargo from the 5.2 million tons per year facility in Soyo.
Read More(Bloomberg) — It’s no secret that oil majors are among the biggest corporate emitters of pollution. What may be surprising is that they’re reducing their greenhouse-gas footprints every year, actively participating in a trend that’s swept up most corporate behemoths.
Read MoreChevron-led Angola LNG, the country’s only liquefied natural gas producer, has entered into a supply deal with German utility RWE’s trading subsidiary. This is the second deal this month for the LNG producer following the Vitol supply agreement last week.
Read MoreUS group Chevron will continue to invest in liquefied natural gas (LNG) production project in Soyo, in Angola’s Cabinda province, executive vice president James (Jay) Johnson said on Tuesday in Luanda.
Read MoreRussia’s Expansion into Asian Gas MarketsRussia recently signed a major $400-billion gas deal with China, and now Japan appears to want in on the action as well. Bloomberg reported that a group of 33 lawmakers in Japan is pushing the government to build a $5.9-billion pipeline to the island nation from Russia.
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